Search Results for "Price variation clause"

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Search Results for "Price variation clause"

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High Court

Bombay High Court Dismisses Petition Challenging Arbitral Award on Service Tax Reimbursement. Contractor not entitled to reimbursement of service tax imposed after bid submission but before contract award where contract provided for reimbursement only if tax was payable on date of bid.

13 Aug 2015

The petitioner, Punj Lloyd Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an arbitral award dated ...

Supreme Court

Supreme Court Dismisses Appeal of Coke Industry Against Coal India Over Pricing Dispute — Linked Price vs. Liberalised Sales Scheme (LSS) Price. Court Holds That Resolution of Linkage Committee Did Not Confer Right to Preferential Price, and Price Was to Be Charged as Prevalent at Any Point of Time.

7 Feb 2020

The appeal arose from a dispute between M/s S.K.J. Coke Industries Ltd. and its predecessor Mahabir Coke Industries (appellants) and Coal India Ltd. a...

Supreme Court

Supreme Court Allows Appeal by Oil Corporation, Upholds Termination of Dealership for Violation of Marketing Discipline Guidelines. Stock Variation and Sample Failure Constitute Critical Irregularities Justifying Termination Under Clause 8.2 of MDG 2012.

1 Jan 2019

The Supreme Court allowed the appeal filed by Indian Oil Corporation Ltd. and others against the judgment of the Gauhati High Court which had set asid...

Supreme Court

Supreme Court Allows SEBI's Appeal Against Securities Appellate Tribunal's Order Setting Aside Penalties for Fraudulent Diversion of Funds. The Court Held That Immediate Diversion of Preferential Allotment Proceeds from Disclosed Objects Constitutes Fraudulent and Unfair Trade Practices Under SEBI PFUTP Regulations, 2003, and Ratification Cannot Cure Such Violations.

17 Mar 2026

The dispute arose from Securities and Exchange Board of India's (SEBI) action against Terrascope Ventures Limited (formerly Moryo Industries Limited) ...

High Court

Bombay High Court Allows Arbitration Petition Under Section 20 of Arbitration Act, 1940 — Dispute Over Price Variation Clause in Construction Contract Referred to Arbitrator. The court held that the dispute regarding the interpretation of Clause 13.6 of the contract is arbitrable and directed reference to arbitration.

14 Dec 2006

The Hindustan Construction Co. Ltd. (plaintiff) filed an Arbitration Suit under Section 20 of the Arbitration Act, 1940, seeking reference of disputes...

High Court

High Court of Bombay Dismisses Union of India's Challenge to Arbitral Award in Railway Contract Dispute — Waiver and Estoppel Bind Railways to Pay for Additional Supplies. Court holds that directions to continue production beyond contractual variation limits and acceptance of supplies with 90% payment constitute waiver, precluding denial of payment under Section 34 of Arbitration and Conciliation Act, 1996.

18 Jan 2019

The Union of India (Petitioner) challenged an arbitral award passed by a sole arbitrator in a dispute arising out of a works contract for manufacture ...

High Court

Bombay High Court Dismisses Appeal Against Arbitral Award in Contract Dispute — Upholds Payment of Withheld Amount and Rejection of Counter Claim. Arbitral Tribunal's findings on contractual interpretation and withholding of payments are not open to challenge under Section 34 of the Arbitration and Conciliation Act, 1996 as they are within the realm of factual appreciation and contractual interpretation.

11 Jun 2013

The appeal arises from a decision of a learned Single Judge dated 4 April 2012 dismissing a petition under Section 34 of the Arbitration and Conciliat...

High Court

Bombay High Court Allows Appeal in Arbitration Case — Price Variation Clause Struck Off Unilaterally by Railway. Arbitral Award for Escalation Upheld as Contractual Clause Was Deleted Without Contractor's Consent, Entitling Contractor to Price Escalation Under Section 37 of Arbitration and Conciliation Act, 1996.

17 Dec 2013

The appellant, M/s R. N. Tandon and Sons, a contractor, was awarded a contract by the respondent, Union of India, for construction of bridges in the M...

High Court

Bombay High Court Dismisses Section 34 Petition Challenging Arbitral Award on Interest. Interest Awarded from Arbitrator's Appointment Date Upheld as Within Discretion Under Section 31(7)(a) of Arbitration and Conciliation Act, 1996.

4 Apr 2012

The petitioner, Hindustan Petroleum Corporation Ltd., filed a petition under Section 34 of the Arbitration and Conciliation Act, 1996, challenging an ...

High Court

Bombay High Court Dismisses Suit for Specific Performance of Agreement for Sale of Immovable Property — Purchaser Failed to Demonstrate Willingness to Complete Transaction. Readiness without willingness is insufficient for specific performance under Section 16(c) of the Specific Relief Act, 1963, as the plaintiff insisted on adjustment of loans without calling upon defendant to pay its share.

8 Apr 2019

The suit was filed by G Ram Construction Company (plaintiff) against Chowgule & Company (Hind) Pvt Ltd (defendant) for specific performance of an agre...

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